Finansudvalget 2011-12
FIU Alm.del Bilag 236
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EUROPEAN PARLIAMENTCommittee on Economic and Monetary Affairs
2009 - 2014
2012/2150(INI)18.7.2012
DRAFT REPORTon the European Semester for economic policy coordination: implementationof 2012 priorities(2012/2150(INI))Committee on Economic and Monetary AffairsRapporteur: Jean-Paul Gauzès
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PR_INICONTENTSPageMOTION FOR A EUROPEAN PARLIAMENT RESOLUTION ............................................ 3
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MOTION FOR A EUROPEAN PARLIAMENT RESOLUTION

on the European Semester for economic policy coordination: implementation of 2012

priorities

(2012/2150(INI))

The European Parliament,– having regard to the Treaty on the Functioning of the European Union, and in particularArticle 136 in combination with Article 121(2) thereof,– having regard to Regulation (EU) No 1175/2011 of the European Parliament and of theCouncil of 16 November 2011 amending Council Regulation (EC) No 1466/97 on thestrengthening of the surveillance of budgetary positions and the surveillance andcoordination of economic policies1,– having regard to Council Directive 2011/85/EU of 8 November 2011 on requirements forbudgetary frameworks of the Member States2,– having regard to Regulation (EU) No 1174/2011 of the European Parliament and of theCouncil of 16 November 2011 on enforcement measures to correct excessivemacroeconomic imbalances in the euro area3,– having regard to Council Regulation (EU) No 1177/2011 of 8 November 2011 amendingRegulation (EC) No 1467/97 on speeding up and clarifying the implementation of theexcessive deficit procedure4,– having regard to Regulation (EU) No 1176/2011 of the European Parliament and of theCouncil of 16 November 2011 on the prevention and correction of macroeconomicimbalances5,– having regard to Regulation (EU) No 1173/2011 of the European Parliament and of theCouncil of 16 November 2011 on the effective enforcement of budgetary surveillance inthe euro area6,– having regard to Annex I to the European Council Conclusions of 24-25 March 2011entitled ‘The Euro Plus Pact: Stronger economic policy coordination for competitivenessand convergence’7,– having regard to the Communication from the Commission of 23 November 2011 on theAnnual Growth Survey 2012 (COM(2011)0815),12
OJ L 306, 23.11.2011, p. 12.OJ L 306, 23.11.2011, p. 41.3OJ L 306, 23.11.2011, p. 8.4OJ L 306, 23.11.2011, p. 33.5OJ L 306, 23.11.2011, p. 25.6OJ L 306, 23.11.2011, p. 1.7http://www.consilium.europa.eu/uedocs/cms_data/docs/pressdata/en/ec/120296.pdf
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– having regard to its resolution of 15 February 2012 on the contribution to the AnnualGrowth Survey 20121,– having regard to the Recommendation for a Council Recommendation on theimplementation of the broad guidelines for the economic policies of the Member Stateswhose currency is the euro (COM(2012)0301),– having regard to the Recommendation for a Council Recommendation on Austria’s 2012national reform programme and delivering a Council opinion on Austria’s stabilityprogramme for 2011-2016 (COM(2012)0306),– having regard to the Recommendation for a Council Recommendation on Belgium’s 2012national reform programme and delivering a Council Opinion on Belgium’s stabilityprogramme for 2012-2015 (COM(2012)0314),– having regard to the Recommendation for a Council Recommendation on Bulgaria’s 2012national reform programme and delivering a Council opinion on Bulgaria’s convergenceprogramme for 2012-2015 (COM(2012)0302),– having regard to the Recommendation for a Council Recommendation on Cyprus’s 2012national reform programme and delivering a Council opinion on Cyprus’s stabilityprogramme for 2012-2015 (COM(2012)0308),– having regard to the Recommendation for a Council Recommendation on the CzechRepublic’s 2012 national reform programme and delivering a Council opinion on theCzech Republic’s convergence programme for 2012-2015 (COM(2012)0303),– having regard to the Recommendation for a Council Recommendation on Denmark’s2012 national reform programme and delivering a Council opinion on Denmark’sconvergence programme for 2012-2015 (COM(2012)0304),– having regard to the Recommendation for a Council Recommendation on Estonia’s 2012national reform programme and delivering a Council Opinion on Estonia’s updatedstability programme for 2012-2015 (COM(2012)0311),– having regard to the Recommendation for a Council Recommendation on Finland’s 2012national reform programme and delivering a Council Opinion on Finland’s stabilityprogramme for 2012-2015 (COM(2012)0312),– having regard to the Recommendation for a Council Recommendation on France’s 2012national reform programme and delivering a Council opinion on France’s stabilityprogramme for 2012-2016 (COM(2012)0313),– having regard to the Recommendation for a Council Recommendation on Germany’s2012 national reform programme and delivering a Council opinion on Germany’s stabilityprogramme for 2012-2016 (COM(2012)0305),– having regard to the Recommendation for a Council Recommendation on Greece’s 20121
Texts adopted, P7_TA(2012)0048.
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national reform programme (COM(2012)0307),– having regard to the Recommendation for a Council Recommendation on Hungary’s 2012national reform programme and delivering a Council opinion on Hungary’s convergenceprogramme for 2012-2015 (COM(2012)0317),– having regard to the Recommendation for a Council Recommendation on Ireland’s 2012national reform programme and delivering a Council Opinion on Ireland’s updatedstability programme for 2012-2015 (COM(2012)0316),– having regard to the recommendation for a Council recommendation on Italy’s 2012national reform programme and delivering a Council opinion on Italy’s stabilityprogramme for 2012-2015 (COM(2012)0318),– having regard to the Recommendation for a Council Recommendation on Latvia’s 2012national reform programme and delivering a Council Opinion on Latvia’s convergenceprogramme for 2012-2015 (COM(2012)0320),– having regard to the Recommendation for a Council Recommendation on Lithuania’s2012 national reform programme and delivering a Council opinion on Lithuania’sconvergence programme for 2012-2015 (COM(2012)0319),– having regard to the Recommendation for a Council Recommendation on Luxembourg’s2012 national reform programme and delivering a Council opinion on Luxembourg’sstability programme for 2012-2015 (COM(2012)0315),– having regard to the Recommendation for a Council Recommendation on Malta’s 2012national reform programme and delivering a Council opinion on Malta’s stabilityprogramme for 2012-2015 (COM(2012)0321),– having regard to the Recommendation for a Council Recommendation on the Netherlands’2012 national reform programme and delivering a Council opinion on the Netherlands’stability programme for 2012-2015 (COM(2012)0322),– having regard to the Recommendation for a Council Recommendation on Poland’s 2012national reform programme and delivering a Council Opinion on Poland’s convergenceprogramme for 2012-2015 (COM(2012)0323),– having regard to the Recommendation for a Council Recommendation on Portugal’s 2012national reform programme and delivering a Council Opinion on Portugal’s stabilityprogramme for 2012-2016(COM(2012)0324),– having regard to the Recommendation for a Council Recommendation on Romania’s 2012national reform programme and delivering a Council opinion on Romania’s convergenceprogramme for 2012-2015 (COM(2012)0325),– having regard to the Recommendation for a Council Recommendation on Slovakia’s 2012national reform programme and delivering a Council opinion on Slovakia’s stabilityprogramme for 2012-2015 (COM(2012)0326),PR\909778EN.doc5/7PE492.923v02-00
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– having regard to the Recommendation for a Council Recommendation on Slovenia’s 2012national reform programme and delivering a Council opinion on Slovenia’s stabilityprogramme for 2012-2015 (COM(2012)0327),– having regard to the Recommendation for a Council Recommendation on Spain’s 2012national reform programme and delivering a Council opinion on Spain’s stabilityprogramme for 2012-2015 (COM(2012)0310),– having regard to the Recommendation for a Council Recommendation on Sweden’s 2012national reform programme and delivering a Council Opinion on Sweden’s convergenceprogramme for 2012-2015 (COM(2012)0328),– having regard to the Recommendation for a Council Recommendation on the UnitedKingdom’s 2012 national reform programme and delivering a Council opinion on theUnited Kingdom’s convergence programme for 2012-2017 (COM(2012)0309),– having regard to Rule 48 of its Rules of Procedure,– having regard to the report of the Committee on Economic and Monetary Affairs and theopinions of the Committee on Budgets, the Committee on Employment and SocialAffairs, the Committee on Environment, Public Health and Food Safety, the Committeeon the Internal Market and Consumer Protection, the Committee on RegionalDevelopment, the Committee on Constitutional Affairs and the Committee on Women’sRights and Gender Equality (A7-0000/2012),A. whereas the economic, social, financial and sovereign debt crises have not yet abated;B. whereas the European Semester was codified in Regulation (EU) No 1175/2011 of16 November 2011 (the Wortmann-Kool report);1. Welcomes the Commission’s country-specific recommendations for the euro area; expectsthese recommendations to form the basis of the Spring Council’s recommendations;2. Recalls that the European Semester allows forex antecoordination in the euro areacontext, both via the transmission of draft budget plans and the discussion of majoreconomic policy reform plans, in order to take into account of, and reduce, spill-overeffects from national actions on other countries or on the euro area as a whole;3. Is confident that the measures proposed are conducive to sustainable public finances,increased competitiveness, higher growth and improved employment;4. Notes the Commission’s insistence on conducting growth-enhancing structural reforms toallow the EU to get to grips with the crisis and regain its preeminent role in the worldeconomy; supports the Commission’s efforts to correct the macroeconomic imbalanceswithin the euro area;5. Notes that most of the structural reforms are concentrating on a small number of areas,such as labour markets, the taxation system, restructuring the banking sector, removingunjustified restrictions on regulated trades and professions, liberalising certain industries,PE492.923v02-006/7PR\909778EN.doc
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improving the efficiency and quality of public expenditure, avoiding unnecessary layers ofgovernment, combating tax evasion, and reforming mortgage and real estate markets;6. Urges the Commission to be more explicit in its recommendations and to monitorrecommendations made in the past, i.a. by providing more detailed explanations andevaluations in those cases where the Commission thinks a country has only partiallyfollowed the recommendations;7. Encourages the Member States to strictly follow the rules set by the Stability and GrowthPact, as modified by the ‘six-pack’, in order to render public finances more resilient,ensure that the European economy becomes more sustainable and reduce pressure fromthe banking sector; expects the Commission and the Council to enforce these rules in astrict manner; firmly believes that fiscal discipline and fiscal institutions should bestrengthened at both national and sub-national level and that government expenditureshould be shifted towards long-term investment, which would foster sustainable growth;8. Welcomes the end of excessive deficit procedures for several Member States; hopes thatmore procedures can be brought to an end in the near future;9. Welcomes the ratification of the Treaty on Stability, Coordination and Governance in theEconomic and Monetary Union by a growing number of the 25 Member States that signedit; urges all other Member States to ratify the Treaty as soon as possible; lauds the positiveoutcome of the Irish referendum on that Treaty;10. Urges all parties involved to speedily agree on the ‘two-pack’ to complement currentlegislation adopted in co-decision; urges all parties involved not to dilute Councilconclusions shortly after they are adopted;11. Lauds the economic dialogue held so far between Parliament and national representatives,and wishes to conduct further dialogues;12. Underlines the need to strengthen the working methods of the Eurogroup;13. Reiterates its call to take action to improve the stability of the financial system in the euroarea;14. Recalls that the recommendations by the Commission are a contribution to the SpringCouncil and that this procedure is not a legislative one;15. Instructs its President to forward this resolution to the European Council, the governmentsof the Member States and the European Central Bank.
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